ACI World streamlines its resources for small and emerging airports

Airports Council International (ACI) World today announces the streamlining of its resources for small and emerging airports to foster their continued growth and sustainable development.  The streamlining of resources, which includes certain programs and services at a lower rate, follows the ACI World Resolution “Support and assistance for small, emerging and regional airports,” approved at […]

Italy’s Exports to China Are Booming and It’s Not Clear Why

Italy’s exports to China have tripled in little more than a year. The problem is, even the experts are struggling to explain why. Shipments abroad rose above €3 billion ($3.3 billion) in February, up 131% from a year earlier. This follows another jump of 137% the month before. For comparison, Italy exported about €1 billion […]

Iran and the risks to commercial shipping

Friday saw a product tanker called Purity seized by Iran, a third ship in quick succession, putting commercial shipping on high alert. On May 3 this year, the Panama-flagged, Greek-owned tanker Niovi was seized in the Strait of Hormuz. This seizure came after Iran captured the Marshall Islands-flagged suezmax crude tanker, Advantage Sweet, six days earlier which has increased tensions […]

Emirates goes digital, phases out paper boarding passes for flights departing Dubai

Taking a step forward in its drive to offer customers the convenience and assurance of digitally enabled travel journeys, Emirates will require most passengers departing Dubai to use a mobile boarding pass instead of a printed paper version, from 15 May onwards. Passengers checking in at Terminal 3 will receive their mobile boarding pass via […]

Hapag-Lloyd Watching Costs as Container Market Normalizes

Hapag-Lloyd, one of the world’s leading container shipping companies, has reported its financial results for the first quarter of 2023, highlighting the impact of weak global demand on its performance. The company recorded an EBITDA of $2.4 billion (EUR 2.2 billion), a decrease in EBIT to $1.9 billion (EUR 1.7 billion), and a Group profit […]

Trade Tech ready for EU – Import Control System 2 (ICS2)

This is an article by our trusted partners at Trade Tech. Countries in the European Union have been developing a unified approach to what they call Import Control System 2 or ICS2.  The go-live process has been set in three phases.  Air express and Air mail went live a year ago, with the balance of […]

U.S. Launches $4 billion Effort To Electrify U.S. Ports, Cut Emissions

The Biden administration on Friday launched a $4 billion effort to electrify U.S. ports and cut heavy duty truck emissions as the government looks to address disproportionate impacts on nearby communities. The U.S. Environmental Protection Agency (EPA) said it was seeking input in its $3 billion Clean Ports Program to reduce pollutants at U.S. ports and its $1 […]

CMA CGM Commits to $5.5 Billion Bollore Logistics Buyout

French shipping group CMA CGM has committed to buy the logistics operations of family-run conglomerate Bollore for an enterprise value of 5 billion euros ($5.5 billion), the two companies said on Monday. CMA CGM granted the Bollore group an option to sell it the logistics business, which generated more than 7 billion euros in revenue last year and employs […]